The Kroger Co. (KR) To Go Ex-Dividend on August 14th

The Kroger Co. (NYSE:KR) declared a quarterly dividend on Thursday, June 25th. Investors of record on Saturday, August 15th will be paid a dividend of 0.39 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, August 14th. This is a 11.4% increase from Kroger’s previous quarterly dividend of $0.35.

Kroger has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 19 years. Kroger has a payout ratio of 30.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Kroger to earn $5.54 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 28.2%.

Kroger Stock Down 0.4%

NYSE KR opened at $56.23 on Wednesday. The business has a fifty day moving average price of $58.94 and a two-hundred day moving average price of $65.07. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.79 and a quick ratio of 0.39. Kroger has a fifty-two week low of $54.15 and a fifty-two week high of $76.58. The stock has a market capitalization of $34.45 billion, a PE ratio of 33.08, a PEG ratio of 1.52 and a beta of 0.43.

Kroger (NYSE:KR) last issued its earnings results on Thursday, June 18th. The company reported $1.58 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.01). Kroger had a net margin of 0.71% and a return on equity of 44.33%. The business had revenue of $46.12 billion during the quarter, compared to analyst estimates of $45.59 billion. During the same period in the prior year, the business posted $1.49 EPS. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. Kroger has set its FY 2026 guidance at 5.100-5.30 EPS. Equities analysts expect that Kroger will post 5.21 earnings per share for the current fiscal year.

About Kroger

The Kroger Co (NYSE: KR) is one of the largest supermarket operators in the United States, offering a wide range of retail grocery and related services. Founded in Cincinnati in 1883 by Bernard Kroger, the company operates a portfolio of supermarket and multi-department store banners and provides customers with fresh foods, packaged groceries, deli and bakery items, meat and seafood, produce, and prepared foods. Kroger’s stores commonly include pharmacy services and fuel centers, positioning the company as a broad-based neighborhood retail destination for everyday needs.

In addition to traditional in-store retailing, Kroger manufactures and distributes a variety of private-label brands and operates its own food production and supply-chain facilities.